Confectioner Darrell Lea Enters Administration

Sweet tooths, take note. After more than 75 years of selling much-loved sweets like its trademark Rocklea Road to celebrities including Nicole Kidman and thousands of customers worldwide, Australian confectioner Darrell Lea has called in administrators following a cash flow crisis. PPB Advisory has been appointed to find a buyer for Sydney-based Darrell Lea, which has 69 owned and licensed stores and 1,800 retail outlets across Australia, New Zealand and the U.S. Retail outlets include branded shelving in service stations, newsagents and chemists. The group also has a presence in Europe, the U.K., Canada and South Africa.